General Business

General Business

Increase in cost of new houses

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The prices for new small houses and flats have increased by 9.5 per cent from the 2nd quarter of 2015. From the 1st quarter to the 2nd quarter of 2016, the prices of new multi-dwelling houses have increased by 5.9 per cent.

Continued growth in web based turnover

sandvikastorsenterStatistics Norway released their bimonthly statistics on wholesale and retail sales showing an increase of 2.5 percent for the same period. The retail sales turnover reached a total of NOK 142 billion for the first four months of 2016,  an increase of 2.6 per cent from the same period in 2015.

Unemployment at 4.8 per cent

pensjonisterThere were 135 000 unemployed persons in June, adjusted for seasonal variations. This corresponded to 4.8 per cent of the labour force.

Rolls-Royce wins large Norwegian deal

Rolls-Royce has announced a $2.7bn (£1.9bn) order to manufacture and service 19 new Boeing 787 Dreamliner engines for the low fare airline, Norwegian, BBC reports.

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